Anyone that has been in crypto for a while will know that scaling is the number one priority for mass adoption to really happen, while cross-chain technology is vital for DeFi to truly take off.

That’s why we’re proud to announce that we’re working on a novel cross-chain liquidity solution for Polygon (formerly Matic), the biggest and fastest growing scaling solution out there!

Polygon has been working on scaling Ethereum ever since 2017, and the Matic mainnet was released in 2020. Recently, the project was rebranded to Polygon, to reflect its diversity as an ecosystem of different scaling solutions for…

Germany accepted a Fund Location Act which will starting next week, allow German institutional funds (Spezialfonds) to put up to a fifth of their portfolios into cryptocurrency.

With this new law they are hoping to make Germany more appealing for investment opportunities on a global scale. And PayPal announced that it wants to expand its crypto trading services to United Kingdom. As for Bitcoin, this has been a very interesting week: after the weekly open at $35k, a short squeeze on Monday sent it above $40k for the first time since mid-June. Then, after some consolidation, it reached a high…

Early this week, Bitcoin briefly broke down below the critical $30k level, but quickly recovered. Many investors see this as a positive signal: given that bears failed to trigger a cascade down below $29k, this could be a very important sign of strength. Now, after the bears have had their chance — and failed to take it — many believe that it’s the bulls’ turn to make the next move.

And for the news, Elon Musk appeared at The ₿ Word event, a virtual Bitcoin event, where he stated that if the positive trend of green energy usage continues to…

Letter from the CEO 18.7.

Bitcoin once again peaked at the beginning of this week, this time on Monday, being worth around $34,5k. It then experienced a more or less steady decline until Wednesday, when it bounced back a little, but then dropped down again by the end of Thursday, reaching its low point at $31k on Friday.

It now looks like it will close the week somewhere around $32k. As for the news, PayPal decided to raise its limit for purchases of cryptocurrency from $20k to $100k per week. With these changes they are hoping to enable their costumers…

This week Germany accepted a new policy which allows institutional funds to be allocated towards crypto investments. This new policy applies only to institutional investors which hold their assets at specialized funds, and not the general population, which can already invest their private funds in crypto. Besides that, Visa is partnering up with 50 crypto platforms, which will enable its users to spend cryptocurrency at millions of new merchants, and in the first half of 2021, a whopping $1 billion was spent using crypto-linked credit and debit cards issued by Visa. As for Bitcoin, the weekly high was also the…

This week we’ve noted above average levels of bullishness around crypto compared to previous weeks as every price jump excites the crypto community for the continuation of the bull run. Following El Salvador, many countries showed their approval of cryptocurrencies by hinting at potentially adopting Bitcoin in some way or another.

We’ve also witnessed some unfavorable news as quite a few countries started to investigate Binance, going so far as announcing users have to remove their funds from the exchange within a certain time frame. There has also been a hack of a South African crypto platform which resulted in…

NewsCrypto Monthly Report

The past month has been full of anticipation and uncertainty as Bitcoin and the rest of the crypto market moved sideways within a distinct price range.

While everyone was looking for clear signs of the bulls/bears taking over, we’ve had a month packed with development and exciting announcements.

Throughout the month we’ve been prudently carrying out our final testing of the NewsCrypto desktop Platform 3.0, which is almost ready for release. When launched, it’ll welcome our users with a complete redesign, new features and tools and a dashboard that enables greater customizability than ever before.

Our native…

This week we’ve got a great announcement for all you NWC hodlers.

KuCoin has added support for deposits and withdrawals of NWC on the Ethereum and Stellar blockchains, making sure you can deposit, trade and withdraw NWC no matter your technology preference. Make use of it here.

To enable an even broader set of options and allow you to trade NWC tokens no matter where you prefer to do your business, we’re happy to announce we’ve been listed on the DFyn exchange on Polygon!

To incentivize liquidity, we’ve decided to reward liquidity providers for the NWC/DFYN pool with $20.000 worth…

In the last week we’ve seen some interesting developments in the crypto world. While many retail investors were panicking about technical indicators such as the death cross flashing a downtrend in Bitcoin’s price, many institutional investors and whales have accumulated large sums of crypto as they predict we’re in the stage of accumulation according to the Wyckoff method of market cycles.

While we cannot perfectly predict future price movement of any crypto, it is smart to always keep an eye on what the big players are doing. The FUD continued its momentum with many ill-favored news around crypto, such as…

Similarly to last week, this one brought us quite a lot of uplifting crypto news, especially around Bitcoin. In parallel to El Salvador, Mexico lawmakers aim to propose Bitcoin legislation as well. Bitcoin’s taproot upgrade has also been finally locked in for November, marking it the first upgrade in almost four years.

This much anticipated improvement will enable greater transaction privacy and efficiency. As Bitcoins price moves sideways, huge players and whales like MicroStrategy are accumulating more and more of it, showing their confidence and faith in crypto. As of writing this, Bitcoin’s price is hovering around the $34k mark…

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